Fakeman
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August 15, 2011, 02:51:04 AM |
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Not sure if this was mentioned before in this thread but how about a maximum round length of say 2-3 weeks to prevent the "namecoin effect" where high difficulty rounds drag on for months because nobody wants to mine.
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16wEsax3GGvJmjiXCMQUWeHdgyDG5DXa2W
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dayfall
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August 15, 2011, 03:23:01 AM |
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With the amount of people likely to jump on it will be more like 5 seconds a block.
I meant that the difficulty recalculation should be half or less what is in the standard client. If 50 coins per block is too little, then 10 minutes per block is too long. I don't care how many coins are each block. I just want to see how faster mining works out.
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doublec
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August 15, 2011, 03:24:23 AM |
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I don't care how many coins are each block. I just want to see how faster mining works out.
Faster mining usually means more orphans for miners.
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kr105
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August 15, 2011, 03:31:02 AM Last edit: August 15, 2011, 03:45:26 AM by kr105 |
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Are you planning to post an official announcement on this forum with links and info?
Yes, also i'll setup a basic site to download the client (i'm not going to clone the bitcoin.org site) on www.i0coin.orgDo you want an exchange?
Of course, that would be awesome, thanks men! Not sure if this was mentioned before in this thread but how about a maximum round length of say 2-3 weeks to prevent the "namecoin effect" where high difficulty rounds drag on for months because nobody wants to mine.
Yes, it will be auto adjusted if two weeks has elapsed from the last difficulty adjustment. Edit: Also, i'm going to adjust the value that cut the reward in half every 210000 blocks to 109375 blocks, so we'll avoid the "40M bug" I'll post a graph to explain this soon.
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 15, 2011, 04:11:21 AM |
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What does the counter counting down on i0coin.org exactly for if you are posting the software and documentation at 1500 GMT?
21 hours from now would be after 1500 GMT.
Am I correct in my assumption that you are releasing the software prior to the launch of the network for mining etc?
The reason i ask is because 1500 GMT is not 21 hours from now but more like 11 hours.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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doublec
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August 15, 2011, 04:12:37 AM |
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What does the counter counting down on i0coin.org exactly for if you are posting the software and documentation at 1500 GMT?
It says "Now!" for me. I live in the future it seems!
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 15, 2011, 04:16:37 AM |
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What does the counter counting down on i0coin.org exactly for if you are posting the software and documentation at 1500 GMT?
It says "Now!" for me. I live in the future it seems! I'm confused. What does "Now!" mean and in what context. Currently it isnt 1500 GMT like was stated for release I0coin. Edit: I forgot that DoubleC is in NZ. My bad.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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doublec
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August 15, 2011, 04:23:34 AM |
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Done, i modified the code to auto retarget (change difficulty) if two weeks OR 2016 blocks has passed. Will this potentially cause problems due to time differences in nodes? If at the two week time period two blocks are found close together, and one node says it as being less than two weeks, but the other sees it as being more, then they will have a different difficulty calculation. Could result in a chain split?
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joulesbeef
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moOo
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August 15, 2011, 04:49:26 AM |
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LET ME IN I am ready to mine
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mooo for rent
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Oldminer
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August 15, 2011, 05:14:05 AM |
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coblee
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Creator of Litecoin. Cryptocurrency enthusiast.
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August 15, 2011, 05:17:03 AM |
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When you release the client, please include a linux binary also.
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Starlightbreaker
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August 15, 2011, 05:23:51 AM |
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huh.
i suspect you can just change date & time in bios & windows to access it.
or not.
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joulesbeef
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moOo
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August 15, 2011, 05:37:42 AM |
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MINE ALL THE COINS!!
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mooo for rent
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payb.tc
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August 15, 2011, 05:55:22 AM |
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don't know if this is serious or not but photoshop is fun, so here's a freebie: vector-based PSD available at http://payb.tc/iocoin_logo.zipand incase it's not obvious, it's supposed to be an 'eye' with an 0 in it.
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Starlightbreaker
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August 15, 2011, 06:07:21 AM |
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so managed to kinda trick the website.
nothing's there. /disappoint
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wallet.dat
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August 15, 2011, 06:22:36 AM |
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Expect all the "Ixcoin is a scam" people to flood the I0coin threads with the same tired rhetoric
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"MOOOOOOOM! THE MEATLOAF!!! F**K!"
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payb.tc
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August 15, 2011, 06:32:26 AM |
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anyone want to make a pre-emptive trade? i'm not a miner, but would like to purchase 20,000 i0coins for 2 btc (rate 0.0001). we agree on the deal now, with physical delivery no later than launch+72 hours (should be plenty of time). edit: if the above price is unattractive, please post how much you'd charge for 20,000 i0coins... even though they don't exist yet
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joulesbeef
Sr. Member
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moOo
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August 15, 2011, 06:54:28 AM |
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Expect all the "Ixcoin is a scam" people to flood the I0coin threads with the same tired rhetoric Hey that's me! That is why I support IOcoin. Personally I dont think either will survive that inflation rate, but IOcoin answers many of my misgivings over IXcoin, which I AM mining.
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mooo for rent
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Xephan
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August 15, 2011, 07:39:53 AM |
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Expect all the "Ixcoin is a scam" people to flood the I0coin threads with the same tired rhetoric IOCoin is at least making an effort to address some of the issues Bitcoin faces so some of those objections about IXCoin won't be raised.
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BitcoinBug (OP)
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August 15, 2011, 07:53:11 AM |
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What about this logo: Vector image available.
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